RFP QuestBeta
Awarded · ResultStage · contract

North Somerset Council

Social Impact Bond - Turning the Tide 2016

Financial ServicesCPV 66000000 85000000
Value£33.3m
Awarded27 Oct 2016
Published31 Jan 2017
RegionSouth West
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£33.3mtotal contract value
median £150k
this tender£0£35.9m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

North Somerset Council's Turning the Tide Social Impact Bond (SIB) aims to reduce the need for children to be looked after by commissioning a service that works with families to help children safely stay at home and by keeping placements in care short through reuniting children with their families as soon as possible The service will focus on improving family functioning and resilience to improve outcomes for an estimated 240 children over an initial five year period with an opportunity to extend the contract to seven years.

We have explored family preservation models but would be interested in any approaches that would deliver the outcomes.

Families to be worked with will fall into two specific cohorts as follows: Cohort 1 - Families with a child aged 10 - 17 currently looked after under s.20 of the Children's Act (1989) and with a plan to return home.

Cohort 2 - Families with a child aged 10 - 17 on the edge of care and at imminent risk of becoming looked after on a voluntary basis.

Using a payment by results model, service provider/s will receive payments linked to key primary outcomes such as: - the child being reunited with the family and returning to the family home (cohort 1) - Improved measured family functioning and child well-being - the child remains home with their family (cohort 2) - Improved measured family functioning and children well-being

Key requirements

What the supplier must deliver

01

Have explored family preservation models but would

have explored family preservation models but would be interested in any approaches that would deliver the.

Derived from the notice text — always confirm against the original documents.

Buyer intelligence

Make the case to bid

Reveal who to approach at North Somerset Council, and generate a go-to-market strategy from their news, accounts and people.

Source & provenance
OCID
cc27ee32-cbce-439f-b096-486f59f3cca4
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
DN122923
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

Who wins this kind of work

The suppliers and buyers around this opportunity — drawn from official award data. Drag to orbit; click a node to explore.

Top suppliers & buyers in Financial & Insurance Services

Scroll to explore the market network

North Somerset Council’s tender network

Assembling the network…

Also open now

Similar open tenders

DFH - Investment in Charitable Bonds

Scottish Government

Closes 11 Aug 2026Financial Services
£5.0mValue